KIPTAS puts up newest houses for sale
Posted by meb at March 12th, 2008
Within the framework of a project by Vakifbank, 1,179 houses with sea and lake views in Istanbul’s Tepecik district have been put up for sale by the KİPTAŞ construction firm.
Monthly installments start from YTL 336 ($269) at a loan ratio of 0.88 and there are 120-month payment options. The project includes houses of 80 square meters sold for YTL 62,000 ($50,000), houses of 90 square meters for YTL 70,000 ($56,000), houses of 98 square meters for YTL 95,000 ($76,000) and houses of 126 square meters for YTL 128,000 ($103,000). Potential buyers have to pay 25 percent of the total amount in cash to apply for the project. The application for the houses, whose sales will continue until March 28, can be submitted at the Greater Istanbul Municipality’s Saraçhane building and Hadımköy Municipality.
Tepecik houses, which can also be bought without paying the installment for the first 18 months, will include two types of houses: Two bed rooms plus one lounge or three bed rooms plus one lounge. Small pools, environmental layout, sports, social and prayer facilities, walking paths, trade center and a primary school are also included in the project.
Source: Turkish Daily News
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